Multiple Choice
If the isoquants are straight lines, then:
A) inputs have fixed costs at all use rates.
B) the marginal rate of technical substitution of inputs is constant.
C) only one combination of inputs is possible.
D) there are constant returns to scale.
Correct Answer:

Verified
Correct Answer:
Verified
Q67: Many mining and mineral extraction processes tend
Q68: Sarah's Pretzel Plant produces pretzels according to
Q69: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3095/.jpg" alt=" Figure 6.2.2 -Joe
Q70: The Malthusian dilemma relates to marginal product
Q71: When the average product is decreasing, marginal
Q73: Which of the following ideas were central
Q74: Which of the following production functions exhibits
Q75: Use the following statements to answer this
Q76: Joe owns a small coffee shop, and
Q77: The law of diminishing returns applies to:<br>A)